This Retail Property is Off-Market.

1533 State and 11 West Arrellaga
Santa Barbara, CA 93101 ·

9,100 SF · Retail For Sale



Cantwells Market & Deli

Price N/A Cap Rate 5.50%
Gross Leasable Area 9,100 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type Neighborhood Center Year Built 1995
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 0.43 AC
Commission Split 2.5% APN / Parcel ID 027-231-022
Listing ID: 5725240 Date Created: 11/14/2000 Last Updated: 04/17/2016


NNN INVESTMENT yields a 5.5% CAP at full asking price! With a high-profile location on State Street, this portfolio property consists of 2 Spanish-tiled buildings totaling 9,100 s.f. of improvements on an 18,879 s.f. corner parcel. This location is on the business corridor of one of the most valuable commercial districts in the nation and sees 30,000+ cars a day.

This property is leased to Cantwells Market paying $2.75 s.f / month = $300,300 annual. At full asking price, this NNN investment can generate a 5.5% CAP! Tenant is a great guarantor and business has been wonderfully successful since 1982!

Call listing agent for details.

The Cantwells Market property is on the corner of Arrellaga and State Street, a prime piece of FEE SIMPLE real estate. It is ideally-located smack-dab on the business corridor of one of the most valuable districts in the nation. Excellent visbility, high traffic (over 30,000 / day), loads of parking and easy-access. Take Hwy. 101 north to Arrellaga exit and go to State Street. OR, from the pier, go directly up State Street to Arrellaga.


  • A+ location with an outstanding tenant and guarantor
  • Long term lease available at $2.75 s.f / month.
  • High profile portfolio property dowtown on State Street
  • Appealing architecture, good condition, level parcel, mountain views.
  • Clean Environmental Report is available.


1533 State and 11 West Arrellaga, Santa Barbara, CA 93101 (Santa Barbara County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Santa Barbara Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 1105 State Street
    1105 State Street

    Santa Barbara, CA 93101

    For Sale · $4,950,000

    10,250 SF Building

    Retail (Other)

  • 525 Anacapa Street
    525 Anacapa Street

    Santa Barbara, CA 93101

    For Sale · $5,495,000

    10,732 SF Building

    Free Standing Bldg

  • 35 W Haley St
    35 W Haley St

    Santa Barbara, CA 93101

    For Sale · $5,685,000

    8,596 SF Building

    Street Retail

  • 29 E Cabrillo Blvd
    29 E Cabrillo Blvd

    Santa Barbara, CA 93101

    For Sale · Price Not Disclosed

    9,526 SF Building


The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)